Across the nation CREW lists data for 4643 neighbourhoods, and this month Halkirk is number 4475 putting it behind most of Canada .
Halkirk, Alberta has a median house price of $70,000 when compiling all the home listings in Oct .
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 275th neighbourhoods in Alberta, and Halkirk has the 275th most choice available for real estate investors.
As one of Alberta’s many potential real estate investment neighbourhoods, Halkirk needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Halkirk there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
It’s never an exact art, but to try to forecast how property is going to appreciate in Halkirk for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.